Unlike EQ, IQ is actually a scientifically measurable phenomenon. It represents a correlation between your ability to process different kinds of information. Having more understanding of your surroundings should never be a bad thing... So why do we think otherwise?
EQ is just like some personality test.
Why do some people gather more information and some people are just people-mongers? It depends on your early experiences. If you experience traumatic events or real world problems early on in life, you are more likely to care about solving real world problems and thus develop logical generalization skills.
If you grow up under normal peaceful circumstances your biggest concern is going to be moving and persuading others, which means using metaphors in your reasoning. Metaphors are vague and prevent you from building a comprehensive model of your surroundings.
My argument is that high EQ people are inherently inferior people, despite their perhaps higher likelihood of success during times of peace. The argument is simple. EQ doesn't allow you to do anything that other people can't. It rather denotes people skills as the one thing you can do, and thus you always use it as a crutch.
A highly practical, objective, logical person with a high IQ, can accomplish far more than some guy whose ONLY SKILL is dealing with people. The one is a proper subset of the other.
The problem is that such objective people choose to forsake social niceties because they get in the way of doing things effectively. Whats more, they rightfully expect everyone else to do the same.
In times of disaster, more of these objective people are created, and their talents are respected because we need them to solve physical real world problems, and thus an environment that puts efficiency and objectivity at the top of the list is created.
When things get cushy for too long, people act as though there is never any need to be impolite, and the biggest skill a person can have is talking up others or being funny. Hence, the high EQ people that are "successful" in today's world.
What these people really do is slowly corrupt every organization and drive it into the ground over time. Every check, balance, and policy implemented into an organization becomes perceived as less and less necessary to the general cause of providing a comfortable working environment.
Meanwhile, high IQ people as a hole can create plans that allow them to survive and thrive in disastrous conditions.